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Legal & General goes Dutch to disrupt dysfunctional private rental market
Legal & General Capital (LGC) has teamed up with Dutch pension fund manager PGGM to develop private rental property in UK cities. Their Build to Rent partnership will initially invest £600m into building 3,000 homes for...
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Balfour Beatty fined £1m for loader crane fatality
Balfour Beatty has been fined £1m after a worker was killed by a crane while repairing a central reservation barrier. A team from Balfour Beatty Civil Engineering set out on 1st October 2012 to install temporary...
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Osborne breaks ground on £24m Roehampton library
Contractor Osborne has started work on the construction of a new £24m library at the University of Roehampton in southwest London. The library will be four storeys tall, like most buildings on the university’s campus, and...
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Chinese make bid to take over Terex
Construction equipment manufacturer Terex is considering a $3.2bn takeover offer from Chinese manufacturer Zoomlion. Zoomlion Heavy Industry Science & Technology Company has made an unsolicited offer of $30 per share. Terex has entered into a confidentiality...
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Lovell chosen to build £100m Cardiff housing development
Regeneration specialist Lovell has been selected by the Tirion Group to redevelop an old Cardiff paper mill site into an estate of 800 homes. The £100m new urban village at the 53-acre former Arjo Wiggins Paper...
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Construction set to start at Turkey’s €1.1bn health campus
Financial close has been reached for the €1.1bn (£807m) Etlik Integrated Healthcare Campus public-private partnership project in Ankara, Turkey. Mott MacDonald is lenders’ technical and environmental advisor for the development and will now provide construction and...
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WYG acquires planning consultant
Consulting engineer WYG has taken over Harrogate-based SCA Planning, which trades under the name of its subsidiary Signet Planning, for £3.7m. WYG said that the acquisition, made through its subsidiary WYG Environment Planning Transport, cemented its...
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